CAVA Group, Inc. filings document the governance, operating and financing disclosures of a public Mediterranean fast-casual restaurant company. Form 8-K reports include quarterly and annual financial results, restaurant revenue and performance measures, leadership changes, board succession matters and material agreements.
The company’s proxy materials describe board elections, shareholder voting matters, executive compensation, equity awards and related governance policies. Other filings disclose credit facility amendments, revolving borrowing terms, subsidiary guarantees, collateral arrangements, covenants and default provisions, along with the formal exhibits that define those obligations.
CAVA GROUP, INC. director and Chief Concept Officer Theodoros Xenohristos reported an open-market sale of 9,044 shares of Common Stock at a weighted average price of $79.75 per share. According to the disclosure, these shares were sold to cover tax withholding obligations tied to the vesting of restricted stock units and were mandated under the company’s equity incentive plans, rather than being discretionary trades.
After the transaction, he holds 327,882 shares of Common Stock directly and 16,000 shares indirectly through a trust, which includes unvested RSUs.
CAVA, Inc.: Notice of proposed sale of vested RSUs
The filing reports 19,587 shares from restricted stock units that vested on 05/08/2026 under a registered compensation plan. The transaction is reported through Form 144 as a disposition by the holder associated with the issuer; the filing lists Morgan Stanley Smith Barney LLC as broker.
FMR LLC reports beneficial ownership of 5,911,766.74 shares of CAVA GROUP INC common stock, representing 5.1% of the class as of 03/31/2026. The filing is a Schedule 13G disclosing passive institutional holdings and notes that the shares are owned on behalf of multiple persons per Item 6. The filing references Exhibit 99 and a Power of Attorney authorizing the signature.
CAVA Group reports fiscal 2025 results and growth milestones, highlighting scalable brand momentum. The company delivered $1.18 billion in revenue, up 22.4% year-over-year, opened 72 net new restaurants to end the year with 439 locations across 28 states and Washington, D.C., and reported AUVs of $2.93 million.
CAVA said Same‑Restaurant Sales grew 4.0% (two‑year Same‑Restaurant Sales 17.4%), Adjusted EBITDA rose 21.0% to $152.8 million, net income was $63.7 million, free cash flow was $26.1 million, and the company employed nearly 13,500 team members at year‑end. Management emphasized disciplined pricing, digital mix (Digital Revenue Mix 37.9%), investment in operations and technology, and a target of at least 1,000 restaurants by 2032.
CAVA Group, Inc. is soliciting proxies for its 2026 virtual annual meeting on June 22, 2026, where stockholders will elect two Class III directors, cast an advisory vote on executive pay, and ratify Deloitte & Touche LLP as auditor.
The proxy highlights strong 2025 operating results, including CAVA restaurant revenue of $1.2 billion, up 22.5%, Same Restaurant Sales growth of 4.0%, average unit volume of $2.9 million, restaurant-level profit margin of 24%, adjusted net income of $63.7 million, and adjusted EBITDA of $152.8 million.
Executive pay mixes higher base salaries with an annual bonus tied 75% to Adjusted EBITDA and revenue and 25% to individual goals. In 2025, bonuses paid out at 79%–91% of target. Long-term incentives combined time-vesting RSUs and options, and from 2026 will add performance-based RSUs linked to Adjusted ROIC and Adjusted diluted EPS. The company emphasizes governance through an independent board majority, stock ownership guidelines, a Dodd-Frank–compliant clawback policy, and active shareholder engagement.
CAVA Group, Inc. announced that longtime board member Karen Kochevar will retire from the Board at the end of her current term and will not stand for re-election at the 2026 Annual Meeting of Shareholders on June 22, 2026. The company states that her retirement is not due to any disagreement regarding its operations, policies, or practices. A related press release highlights that her decision aligns with the Board’s ongoing succession planning and follows roughly ten years of service, including during CAVA’s transition from a private to a public company.
Cava Group Inc: Amendment No. 4 to a Schedule 13G/A by The Vanguard Group updates institutional ownership reporting following an internal realignment. The filing states 0 shares beneficially owned and 0% of the class, reflecting that Vanguard subsidiaries now report separately in reliance on SEC Release No. 34-39538.
The amendment explains the January 12, 2026 realignment and that certain subsidiaries or business divisions will report disaggregated ownership; the form is signed by Ashley Grim as Head of Global Fund Administration on 03/26/2026.
CAVA Group, Inc. entered into a Third Amendment to its Credit Agreement, extending its revolving credit facility and increasing available commitments. The maturity date was moved from March 11, 2027 to March 20, 2031 and total revolving commitments rose from $75 million to $150 million.
Borrowings will bear interest at either a base rate plus 0.00%–1.25% or Term SOFR plus 1.00%–2.25%, with the margin tied to CAVA’s Total Rent Adjusted Net Leverage Ratio. The facility is unconditionally guaranteed by certain domestic restricted subsidiaries and secured by a first-priority lien on substantially all assets of the company and guarantors.
The agreement includes customary covenants limiting additional debt, liens, dividends, investment activity and affiliate transactions, and provides for acceleration and cash collateralization of letters of credit upon events of default.
CAVA Group, Inc. reported the initial equity holdings of Chief Operations Officer Douglas W. Thompson. On March 2, 2026, he was granted 6,371 restricted stock units (RSUs). These RSUs vest in three equal annual installments starting on March 2, 2027, contingent on his continued service with the company.
Each RSU represents a contingent right to receive one share of CAVA common stock upon settlement, so the grant aligns his compensation with future company performance over a multiyear period.
CAVA Group, Inc. chief legal officer and secretary Kenneth Robert Bertram reported an open-market sale of 15,000 shares of common stock on March 5, 2026 at a weighted average price of $80.33 per share.
After this sale, he directly holds 37,958 common shares. Indirect holdings reported include 1,500 shares held by his spouse and 195 shares held by his daughter.